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National Discount Brokers(NDB Quote) jumped 3 1/2, or 14.3%, to 28 after Deutsche Bank formalized a plan to buy up to 19.3% of the online broker, in an attempt to gain a foothold in the online investing market. Deutsche Bank is buying 3 million shares of NDB's common stock at $45.31 a share, an 81% premium over its closing price on Wednesday.

The companies said the union will give NDB access to Deutsche Bank's U.S. equity research and initial public offering capabilities and it will give Deutsche Bank access to NDB's online investor community.

For more on this story, see coverage from TheStreet.com/NYTimes.com joint newsroom.

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New Focus(NUFO Quote) popped 31, or 155%, to 51 in its trading debut, lately up 23 1/2, or 117.1%, to 43 5/8. Credit Suisse First Boston priced 5 million-shares at $20 a share, above its $16-$18 price range. New Focus makes fiber optics products for optical networks. ...